Ginkgo Bioworks Holdings Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
DNA$12.01-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cell Engineering revenue (1) | $27,889 | $34,096 |
| Biosecurity revenue: | ||
| Product | — | 11,666 |
| Service | 10,055 | 34,940 |
| Total revenue | 37,944 | 80,702 |
| Costs and operating expenses: | ||
| Cost of Biosecurity product revenue | — | 4,541 |
| Cost of Biosecurity service revenue | 9,202 | 17,834 |
| Research and development | 136,457 | 162,639 |
| General and administrative | 70,287 | 111,433 |
| Total operating expenses | 215,946 | 296,447 |
| Loss from operations | (178,002) | (215,745) |
| Other income (expense): | ||
| Interest income, net | 11,711 | 14,545 |
| Loss on equity method investments | — | (1,449) |
| Loss on investments | (2,544) | (6,370) |
| Change in fair value of warrant liabilities | 940 | 1,204 |
| Other income, net | 2,015 | 2,928 |
| Total other income (expense) | 12,122 | 10,858 |
| Loss before income taxes | (165,880) | (204,887) |
| Income tax expense | 31 | 82 |
| Net loss | $(165,911) | $(204,969) |
| Net loss per share, basic and diluted | $(0.08) | $(0.11) |
| Weighted average common shares outstanding: | ||
| Basic | 2,004,460 | 1,914,963 |
| Diluted | 2,005,336 | 1,916,637 |
| Comprehensive loss: | ||
| Net loss | $(165,911) | $(204,969) |
| Other comprehensive (loss) income: | ||
| Foreign currency translation adjustment | (3,035) | 1,018 |
| Total other comprehensive (loss) income | (3,035) | 1,018 |
| Comprehensive loss | $(168,946) | $(203,951) |
(1)Includes related party revenue of $733 and $4,703 for the three months ended March 31, 2024 and 2023, respectively.
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